May 23, 20188 yr Active Members Just a couple of days ago the US dollar was up almost 14% over the real. Today's paper reports that the real is rallying, and now the dollar is up only 10%. Checking hotel prices for my upcoming stay, I see that there have been noticeable drops in prices. Where is it heading? When to buy?
May 23, 20188 yr Active Members In Argentina the dollar just sky rocketed, and may go even higher, I will be using m credit card and buying small amounts of cash as I needed. Two years ago, when I visited my last time, the dollar was 15 pesos. Today is 25. The question is whether or nor inflation is catching up, specially escorts rates. I tell you in July.
May 24, 20188 yr 3 hours ago, Lucky said: Just a couple of days ago the US dollar was up almost 14% over the real. Today's paper reports that the real is rallying, and now the dollar is up only 10%. Checking hotel prices for my upcoming stay, I see that there have been noticeable drops in prices. Where is it heading? When to buy? The variance may have to do with the time of year of your trip....for the last 10 plus years that I have been traveling to Rio, the highest hotel and airline rates are during the Brazilian summer, the US winter... The same hotels and apartments that you are able to get for less than a hundred dollars a night or even less will be way above $100 per night come October, November and even higher right after Christmas into January and February (peak tourist season) The rates havent changed that dramatically over the last few years...I gauge it more on the cost of food, drinks, entertainment, and getting around-metro, uber, taxis... I would be more interested in the price was so great that it becomes like years ago when you could find a flight on the regular to Brazil for $500 US to Rio (without airlines running specials) Drinks still range from 5R to 10R depending on where you get it on the beach (and Lapa) and you can still get a decent meal for a few dollars depending on if you go where Cariocas go versus tourists...
May 24, 20188 yr Active Members 10 hours ago, floridarob said: I think Lucky is talking about the exchange rate more than the time of year....no? Exactly - Looking back over the past year, it is easy to see that the U.S. dollar is exchanging quite favorably against Brazil's currency. - that tells you the U.S. dollar is strong and daily fluctuations don't markedly matter.
May 24, 20188 yr I thought about this later after I responded and yea the exchange rate is better but its still not that huge of a different....within a matter of cents really... Ill be glad when it is the difference of dollars
May 24, 20188 yr 16 hours ago, Lucky said: Just a couple of days ago the US dollar was up almost 14% over the real. Today's paper reports that the real is rallying, and now the dollar is up only 10%. Checking hotel prices for my upcoming stay, I see that there have been noticeable drops in prices. Where is it heading? When to buy? Rio also will historically increase/inflate prices to counteract the increase in the dollar value to reals...that is where I was saying you really don't see a huge difference in the dollar to real advantage
May 24, 20188 yr Active Members How is the Real against GBP? and what's it been like over the past few years? I can never really understand what I should be looking for on exchange rates!
May 24, 20188 yr Active Members 1 hour ago, redxs said: How is the Real against GBP? and what's it been like over the past few years? I can never really understand what I should be looking for on exchange rates! Does this give you an idea how the pound has done recently? For a longer history of exchange activity, you can google the question. British Pound(GBP) To Brazilian Real(BRL) History Graph Chart : 10D | 1M | 3M | 6M | 12M
May 24, 20188 yr Author Active Members Following day to day fluctuations is for the riskier ones. The dollar was up, now the real is rebounding. The trend seems to favor the dollar.
May 24, 20188 yr Active Members 5 hours ago, mvan1 said: Does this give you an idea how the pound has done recently? For a longer history of exchange activity, you can google the question. British Pound(GBP) To Brazilian Real(BRL) History Graph Chart : 10D | 1M | 3M | 6M | 12M OK, so it's better for me when the pound is strong against the real? So, 21 Feb £1 = $r4.52 and today it is £1 = $r4.88. So today I would get more reals for my GBP as the £ is stronger? I might move to Wall Street now I've the hang of it!
May 24, 20188 yr Active Members 55 minutes ago, Lucky said: Following day to day fluctuations is for the riskier ones. The dollar was up, now the real is rebounding. The trend seems to favor the dollar. No risk in Argentina. The dollar always goes up there.
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.